Top-Consultant.com

Global Opportunities in Consulting  


Management Consultants' Blog

Over a quarter of a million management consultancy readers browse and contribute to Top-Consultant.com each month. Now you can too! This blog is intended for practising consultants, aspiring consultants and consultants' clients.

~ ~ ~ ~ Get the RSS FEED here: http://top-consultant.blogspot.com/atom.xml ~ ~ ~ ~

Thursday, May 26, 2005

Big firms cranking up recruitment drives

I've met with several of the biggest brands in consulting this last week and I have to tell you the news is all good - for candidates that is. Without exception consultancies are all talking about the need to hit recruitment targets that - in their words - are "scarily high". The combination of growing client demand and worsening staff attrition has elevated recruitment (and retention) to being firms' number 1 priority for the remainder of 2005.

BT's new series of recruitment evenings for consultants in the early stages of their consulting careers is just the latest in a raft of company careers events that add to the perception that recruitment drives are being accelerated. Such events were commonplace during the dot-com boom, but being costly to organise they are something you tend to only see taking place when firms are pulling out all the stops to recruit. It's telling that Accenture, BT, Ernst & Young, IBM and PA Consulting have all invested in such events during the first half of 2005.

We'll be revealing details of our October Careers Fair in the next 10 days and the number of top brand consultancy firms attending is a further indication of the buoyancy of the market.

What's happening in your firm? Do post your anonymous comments below - would be great to share reader insights from as many firms as possible.

Tony

8 Comments:

  • At 2:19 PM, Blogger Steve Shu said…

    There seems to be a similar surge in demand in the US, but I'm not yet clear on the drivers on the demand side by clients. The note on surge of turnover is interesting. Any thoughts on either end of the equation? Perhaps pent-up demand to leave the consulting industry in the US because the corporate markets are better?

     
  • At 8:39 AM, Blogger Klas K. said…

    I believe the consulting firms will in the future have to do a better job in keeping their employees and former employees happy even when the times are bad. Going from massive layoffs to massive recruiting does not build reputation.

     
  • At 6:50 AM, Anonymous Anonymous said…

    I believe the market trends directed at a push for recruitment see the demand for people in the asian markets if i am not mistaken, china, for one is the "new frontier" according to an article I read. Excuse my use of a source without name, just dont remember. The article points to china as an MBA's playground with nearly unlimited base incomes. Anyone interested should research heavily...living arrangements are not exactly what you would classify as HIGH END!

    If there truely is a push to hire consultants, I think I must be the last to know. Out of work for 6 months now and have only seen offers from low end agencies. I am not quite sure what I am doing wrong but have a profesionally written resume and MBA from one of the better programs in the nation...anyone care to network?

     
  • At 10:27 AM, Anonymous Anonymous said…

    Most consultancies are trying to find Master black belts with experience of working within the public, financial or health sector. Needless to say that they are struggling, as there aren't that may of them about.

    If you don't fit this profile (and, I suspect the majority of experienced consultants don't) then tough luck!

    Don't worry though. If you can wait for 2 years, this black belt/six sigma nonsense would have gone away and the next flavour of the month will be introduced into the market place. You will only need to predict what that would be.

    That reminds me,where is that crystal ball of mine gone to!?

     
  • At 10:32 AM, Anonymous Anonymous said…

    I am looking for a master black belt with 6 years experience in six sigma and 10 years experience in lean together with 5 years experience of working within the public sector.

    Oh, I forgot, You must not be over 40, must be male and of white British origin.

    Far fetched? Well this is what I managed to get out of the interviewer by the end of our 3 hour long meeting.

    Needless to say that I did not meet all of the criterias and was turned down!

    PS. If anybody out there does meet all of these criteria then let me have your details. You might be in luck!

     
  • At 2:34 PM, Anonymous Anonymous said…

    Are they?

    What are they looking for though?

    A two headed, green, master black belt in 6 Sigma?!

     
  • At 2:37 PM, Anonymous Anonymous said…

    What does BT know about Consulting?

    They should try to put their own house in order before trying to sell their, so called, consulting skills to any other organisation.

     
  • At 10:28 AM, Anonymous Anonymous said…

    Absolutely! BT knows nothing whatsoever about Management Consulting; but then neither does IBM!

    The problem is surely that too many now believe that Management Consultancy is actually "IT consulting" and "Telecoms consulting"? That is why these outfits like IBM (who could not even manage their own operation properly, but gave away the lion's share of their future to Gates by stupidity in allowing him equal rights to the PC operating system which they had commissioned) now believe they have the appropriate attributes to become "management consultancies"!

     

Post a Comment

<< Home